Tencent Stock Sinks After Pentagon Labels It 'Chinese Military' Company
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of ...
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The US just added Tencent — which backs US startups — to its list of ‘Chinese military’ companies
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of ...
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Tencent Branded a Chinese Military Company by US Government
Inclusion on the list caused drop in Tencent's stock value. Tencent claims not to be a military company and intends to work with DOD to address misunderstanding. Chinese tech conglomerate Tencent ...
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Tencent and Guillemot Family Thinking of Building New Venture With Ubisoft Assets – Report
According to a new report, Chinese tech company Tencent and Ubisoft are in talks to create a new entity that includes certain ...